Company profile
Registered in St. Vincent and the Grenadines Regulated by No effective regulation at this time Year(s) of establishment 2-5 years Trading instruments Forex, Crypto, Metals, European Stocks, USA Stocks Feedstock, Commodities, Futures Indices, Indices Minimum Initial Deposit $1,000 Maximum Leverage 1:400 Minimum spread 0.0 pips onwards Trading platform MT4 and webtrader Deposit and withdrawal method credit/debit cards, electronic payment and cryptocurrencies Customer Service Email/phone number/address Fraud Complaints Exposure No for now General information and regulations of GTTC TRADE GTTC TRADE was founded several years ago in St. Vincent and the Grenadines, and currently it does not have any regulations. The company doesn't provide services to the citizens and the residents of the United States, Canada, Israel, New Zealand, Australia, North Korea, Puerto Rico, Bangladesh, Yemen, Singapore, Sudan, Iran, Japan. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance. Market instruments Forex, Crypto, Metals, European Stocks, USA Stocks Feedstock, Commodities, Futures Indices, Indices .....GTTC TRADE allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on GTTC TRADE. Spreads and commissions for trading with GTTC TRADE There are two types of spread in GTTC TRADE: fixed spread for platinum and exclusive account; floating spread from 0.01 pips for the other 3 types of accounts. The commission of different accounts varies from 0 USD to 25 USD per lot. Account Types for GTTC TRADE Demo Account: GTTC TRADE provides a demo account that allows you to try out the financial markets without the risk of losing money. Live Account: GTTC TRADE offers a total of 5 account types: bronze, silver, gold, platinum and exclusive. the minimum deposit to open an account is $1,000, $5,000, $10,000, $25,000 and $100,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a bronze account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions. Trading platforms offered by GTTC TRADE Although a long time has passed since the launch of MT4, it is still a major player in the market and is loved by traders all over the world. Accessing it from different devices also makes it easier for users to trade. This company also provides webtrader that permits trading without installing a software. Leverage offered by GTTC TRADE GTTC TRADE offers a maximum leverage of up to 1:400, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance. Deposit and withdrawal methods and fees GTTC TRADE offers a series of deposit and withdrawal methods such as credit/debit cards, electronic payment and cryptocurrencies. In the correspondent page are the methods, currency and possible fees. Educational resources A series of educational resources is available at GTTC TRADE, such as glossary, technical analysis, fundamental analysis, trading psychology, graphical analysis and trading strategies. Customer support of GTTC TRADE Below are the details about the customer service. Language(s): English, German, Russian, Arabic Service Hours: 24/5 Email: help@gt-tc.trade Phone Number: +442039578578 Address: Suite 305, Griffith Corporate Centre Р.О. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines Users exposures on WikiFX We have not received any reports of fraudulent activity at this time. Advantages and disadvantages of GTTC TRADE Advantages: High leverage MT4 Sufficient information Educational resources Many instruments available Demo account Disadvantages: No effective regulation No MT5 Frequent asked questions about GTTC TRADE Is this broker well regulated? No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
Is GTTC TRADE safe or scam
Wong Jia Hao
South Korea
I sincerely advised that this broker GTTC Trade should use more payment gateways. Of course, its deposits and withdrawals are generally ok, but as a day trader, I prefer to use online payment processors like paypal, webmoney, skill. I mentioned this to them before, but they did not take any action.
Positive
2023-03-20